The still wine market in Czech Republic displayed a steady growth from 2013 to 2023, with a notable increase from €30.16 to €49.43 per capita. This represents a significant rise, particularly between 2016 and 2023, driven by a growing consumer preference for higher quality wines and a rise in disposable income. Year-on-year, a recent observation shows a 3.62% increase from 2022 to 2023. Over the past five years, the compound annual growth rate (CAGR) stood at approximately 3.52%, indicating robust market health.
Future trends to watch for include a potential shift towards premium and organic wines, fueled by evolving consumer tastes and sustainability trends. Additionally, the impact of economic conditions on consumer spending habits can influence future market dynamics.
How does the Czech Republic rank in Still, Wine Market Size Value Per Capita?
| # | 11 Countries | Euros Per Capita | Last Year | |||
|---|---|---|---|---|---|---|
| 1 | 1 Luxembourg | 186.33 | 2023 | View data | ||
| 2 | 2 Denmark | 128.52 | 2023 | View data | ||
| 3 | 3 Sweden | 83.78 | 2023 | View data | ||
| 4 | 4 Germany | 54.09 | 2023 | View data | ||
| 5 | 5 United Kingdom | 50.39 | 2023 | View data | ||
| 6 | 6 Czech Republic | 49.43 | 2023 | |||
| 7 | 7 Finland | 48.84 | 2023 | View data | ||
| 8 | 8 Slovakia | 23.65 | 2023 | View data | ||
